SAYLOR SAYS MICROSTRATEGY IS DONE (REBAND!!) BLACKROCK ABOUT TO FORCE BITCOIN ON EUROPE!!
My Financial Friend
Introduction
BlackRock is launching a spot Bitcoin ETF in Europe, and Micro Strategy has rebranded to "Strategy" with a new focus on Bitcoin.
BlackRock's Bitcoin ETF
- Launching a spot Bitcoin ETF in Europe, domiciled in Switzerland
- Fee not yet announced
- Shows commitment from the world's biggest asset manager
- Could bring success to the European market, although Europeans are less into Bitcoin than the US and certain Asian countries
Micro Strategy's Rebranding
- Now doing business as "Strategy"
- New logo includes a stylized "B" signifying the company's Bitcoin strategy
- New color is orange, representing energy, intelligence, and Bitcoin
- Reflects the company's focus on Bitcoin and its unique position as a Bitcoin treasury company
Market Implications
- Ibit holdings have spiked up, with accumulated Bitcoin reaching almost 600,000 in over a year
- If Europe could do a tenth of that, it would put buying pressure on the market and cause the price to go up
- Thomas from Hay Apollo predicts a $50,000 one-minute candle if the US government announces they are buying Bitcoin
Warning
- Be careful of scams, as people are still getting scammed every day
- Verify information and be cautious of fake accounts and messages
Conclusion
- Micro Strategy's rebranding reflects its focus on Bitcoin and the future
- BlackRock's Bitcoin ETF launch could bring success to the European market
- Be ready for any market movements and stay informed.